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PARAFIN CORPORATION RETAINS LEGAL COUNCIL TO NEGOTIATE WITH ING

Tue, 04/27/2010 - 05:57

Los Angeles, CA, April 22nd, 2010, ParaFin Corporation (Stock Symbol: PFNO.PK):
PARAFIN CORPORATION announces that it has retained legal counsel for the early stages of negotiations with ING Bank NV regarding the redemption of the company’s financial holdings.

PRIVATE EQUITY FIRM EXECUTES TERM SHEET TO COMMIT FOR $6M FINANCING

Thu, 03/18/2010 - 19:11

Reno, Nevada, March 18th, 2010, ParaFin Corporation (PFNO.PK): The Directors of Parafin Corporation hereby announce that Parafin Corporation and a Private Equity Firm have both signed a Term Sheet whereby the Private Equity Firm, based out of Wilmington, DE, will commit to purchase up to $6M USD of shares of common stock of Parafin.  The investor is a private equity firm that invests capital into companies in the emerging markets.

BOARD OF DIRECTORS VOTE TO REVERT TO FULLY REPORTING STATUS AND TO APPLY TO RE-INSTATE THE SHARES OF PARAFIN TO TRADE ON BULLETIN BOARD

Mon, 03/15/2010 - 01:42

Reno, Nevada, March 15th, 2010, ParaFin Corporation (Stock Symbol: PFNO.PK): The Board of Directors have voted to become fully reporting and to apply to re-instate the shares of the Corporation to trade on the Bulletin Board.  In January, 2008, the Corporation went non-reporting on the advice of Counsel and the shares of Parafin then traded on the Pink OTC Market under the symbol PFNO.PK. 

PARAFIN ISSUANCE OF PREFERRED SHARES PAID FOR WITH BEARER BONDS

Wed, 03/10/2010 - 10:05

Reno, Nevada, March 10th, 2010, ParaFin Corporation (Stock Symbol: PFNO.PK): The Directors of Parafin Corporation, In response to multiple inquiries from shareholders and potential shareholders, felt compelled to put out a statement on the company’s Bearer Bond holdings.

PARAFIN CORPORATION LAUNCHES NEW CORPORATE WEBSITE

Wed, 03/10/2010 - 07:13

Parafin Corp (OTC: PFNO) launches it's new corporate website. This website complete with company information, company news and events as well as a glossary of Oil and Gas investment terms and even a brief history of the petroleum will serve to be a place for investors to go for current company information.
 

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